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Adani Group charts mega $100-bn capex
Adani Group charts mega $100-bn capex

Hans India

time12-07-2025

  • Business
  • Hans India

Adani Group charts mega $100-bn capex

Mumbai: Gautam Adani, Chairman, Adani Group, on Friday announced that the conglomerate is preparing for a capital expenditure investment of nearly $100 billion over the next five years. 'The scale and pace of this commitment is unprecedented in India's private sector history as we do our part for strengthening the very spine of India's rise that must carry 1.4 billion dreams,' Gautam Adani remarked. Addressing a conference of top doctors here, Gautam Adani said these investments are manifestations of the Adani Group's 'belief in the future of India' comprising energy grids, logistics arteries and the country's industrial backbone. He was addressing the 5thAnnual Conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific (SMISS-AP), in Mumbai. Gautam Adani narrated the Group's success story of building the Mundra port from a mere salt export jetty to India's largest multi-cargo port. 'Mundra is the manifestation of a belief made real. It is a reminder that when vision dares, destiny bends as it is now India's largest multi-cargo port, the world's largest private single-site thermal power plant, India's first HVDC transmission line, India's largest integrated solar and wind manufacturing hub and a cluster of vital industries that include petrochemicals, copper smelters, solar accessories and much more yet to come,' the Adani Group Chairman pointed out. He said that after the US partner backed out of the Mundra salt export jetty at the outset, his company went ahead and built it on its own with no construction experience in the marshland. Around this time in 1995-96, Gujarat pioneered a public–private partnership policy for port development, aiming to tap private sector capabilities and the Adani Group 'dived right in.' The Mundra Port commenced operations in October 1998 with its first berth, thereby marking India's first private port launch. A few years later, the SEZ policy was announced. 'Once again, we moved fast. While others saw barren land, we saw 40,000 acres of possibility,' Gautam Adani remarked.

Adani announces $100 billion capex push, says scale 'unprecedented' for India's private sector
Adani announces $100 billion capex push, says scale 'unprecedented' for India's private sector

Time of India

time11-07-2025

  • Business
  • Time of India

Adani announces $100 billion capex push, says scale 'unprecedented' for India's private sector

No degree, no job, but burning desire Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Adani Group Chairman Gautam Adani on Friday announced that the conglomerate is preparing for a capital expenditure of nearly $100 billion over the next five years — a commitment he described as 'unprecedented in India's private sector history.'Speaking at the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery – Asia Pacific (SMISS-AP), Adani said, 'It is with this conviction that we are preparing for our capital expenditures investment of nearly $100 billion over the next five years.''The scale and pace of this investment and its commitment [is] unprecedented in India's private sector history. As we do our part for strengthening the very spine of India's rise, a spine that must be unbreakable, a spine that must carry 1.4 billion dreams, a spine that tells the world that India's rise is inevitable,' he a deeply personal and metaphor-rich address, Adani spoke of resilience, entrepreneurship, and India's transformation since the 1991 liberalisation reforms.'Leadership is about restoring resilience,' he said, adding, 'Today, this shared metaphor will remind us both: the spine is both — a miracle and a corporate necessity.'Reflecting on his early days, Adani shared, 'With no degree, no job and no backup, except burning desire to define my own path, I had nothing else.''The money that I first made 'never mattered' but the moment did,' he said, underlining the importance of self-belief over material gain. 'Entrepreneurship begins with a spark and with conviction.'He also offered a poetic take on ambition, stating, 'Dreams aren't those we get when we sleep, but those that take our sleep away.'Recalling the pivotal moment of India's economic liberalisation, Adani said, 'In 1991, we faced a dark period in India's history — with just ten days of foreign reserves left. But with the then leadership, PV Narsimha Rao and Dr Manmohan Singh, India opened doors to privatisation.'

Adani Speaks at 5th Annual Conference of the SMISS-AP in Mumbai
Adani Speaks at 5th Annual Conference of the SMISS-AP in Mumbai

Hans India

time11-07-2025

  • Health
  • Hans India

Adani Speaks at 5th Annual Conference of the SMISS-AP in Mumbai

In a compelling address at the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery – Asia Pacific (SMISS-AP) held at The Taj Mahal Palace in Mumbai on July 11, 2025, Gautam Adani, Chairman of the Adani Group, underscored the critical role of spine doctors in restoring hope and dignity to their patients. Citing the lessons from the film Munnabhai MBBS, Adani highlighted the importance of humanity in healing, stating, 'Healing is hope. Healing is humanity.' Reflecting on his unconventional journey from a modest past to leading a massive conglomerate, Adani shared personal anecdotes about his early years, including his move to Mumbai at 16 without a degree or job. He emphasised the significance of resilience in both personal and professional domains, drawing parallels between the spine's role in human anatomy and the need for organisational resilience in business. Adani applauded the liberalisation of the Indian economy in the 1990s, which heralded a transformative era for entrepreneurs. He recounted how his ventures flourished as he embraced new opportunities during a time of economic upheaval, ultimately leading to the establishment of companies that have become industry leaders in diverse sectors, including renewable energy, logistics, and aviation. However, his address did not shy away from serious concerns, as he revealed a shocking statistic: low back pain is now a leading cause of disability in India, affecting nearly one in two adults annually. Urging doctors and entrepreneurs alike to address this 'silent crisis,' Adani called for innovative solutions such as AI-powered spinal diagnostic platforms and mobile surgical units to enhance rural healthcare. He then articulated the role of the Adani Group in supporting healthcare transformation, pledging a staggering investment of Rs 60,000 crore towards healthcare, education, and skill development. Adani stressed the urgency for a systemic redesign of healthcare, advocating for an integrated approach that harmonises clinical care, research, and technology. 'Healthcare does not need incremental upgrades; it needs a revolution rooted in intelligence and empathy,' he stated, announcing plans for the establishment of comprehensive 1,000-bed healthcare campuses in Ahmedabad and Mumbai. These facilities, guided by the Mayo Clinic, aim to embody world-class standards and promote advanced medical practices. In closing, Adani inspired the audience to envision ambitious goals for the future of spinal care and healthcare at large. 'If you dream of a med-tech breakthrough — go for it! If you want to serve India at scale and with empathy — go for it!' he encouraged. Reaffirming the vital link between healthcare and national progress, Adani remarked, 'India cannot rise if her people cannot stand. And her people cannot stand without you,' thereby imploring the medical community to collaborate in building a healthier nation. The event concluded with a resonant call to action for attendees to unite in their mission, using the metaphor of the spine to symbolize strength and resilience.

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